Renovated Two-Room
For Sale
Contact for pricing
8 Leigh St, Clinton, NJ 08809
Flexible commercial space with two entrances, a bathroom, and dedicated parking along a downtown business corridor.
Property Size392 SF
Price / SF$5.36
Days on Market87
Property Features for 8 Leigh St
General Information
Standard status
Active
Size
392 SF
Total Parking Spaces
1
Additional Details
Road Access
Yes
Amenities
two front entrances
two separate rooms
one bathroom
luxury vinyl plank flooring
Building Details
Year Built
1941
Listing Agency:
WEICHERT REALTORS
Listed By:
HOLLY LIPPITT · License #398575
(908) 735-8140
Source:
Thebansalteam
Added: Jul 21
Changed: Oct 11
Last Checked: Oct 7 at 3:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT REALTORS
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Investment Insights
Based on property information with market context.
This renovated storefront provides approximately 392 square feet arranged across two separate rooms, with two front entrances, one bathroom, luxury vinyl plank flooring, and one dedicated parking space. The configuration supports retail, office, studio, wellness, and other service-oriented uses described for the property.
Facing Leigh Street at 8 Leigh St in Clinton Town, the space sits among boutiques, restaurants, coffee shops, and local businesses in downtown Clinton. Utilities may be billed as a flat fee or separately, depending on tenant needs. The building was constructed in 1941.
Facing Leigh Street at 8 Leigh St in Clinton Town, the space sits among boutiques, restaurants, coffee shops, and local businesses in downtown Clinton. Utilities may be billed as a flat fee or separately, depending on tenant needs. The building was constructed in 1941.
Key Highlights
- Approximately 392 sq. ft. of renovated storefront space
- Two front entrances and two separate rooms
- One bathroom and luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,595
Suggested Prices Based on Cap Rates
Cap Rate 5%
$111,900
$111.9K
Cap Rate 7%
$79,929
$79.9K
Cap Rate 9%
$62,167
$62.2K
Market Conditions
NOI Build-Up for 392 SF
Gross rent
$8.5K $21.60/SF
− Vacancy
−$474 −$1.21/SF
EGI
$8.0K $20.39/SF
− OpEx
−$2.4K −$6.12/SF
NOI
$5.6K $14.27/SF
Area
Hunterdon County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$111,900
Cap Rate 7%
$79,929
Cap Rate 9%
$62,167
Alternative Uses
Best Use
Retail
$79.9K
$69.9K – $93.3K
NOI $5,595 @ 7.0% cap · market cap 266.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$102.4K
$89.6K – $119.4K
NOI $7,165 @ 7.0% cap · market cap 341.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Hotels & Casinos 9%
PNC Bank
Shops & Services
8,101 visits/mo
0.1 miles
Bank of America
Shops & Services
5,884 visits/mo
0.3 miles
Exxon
Shops & Services
3,397 visits/mo
0.2 miles
TownePlace Suites Clinton
Hotels & Casinos
2,199 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
2,096 visits/mo
0.3 miles
Demographics for 08809, NJ
7,255
Population
2,353
Households
3.1
Avg Household Size
44
Median Age
52%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
1,051
Density / Sq Mi
$127,169
Median Household Income
$68,209
Median Earnings
$1,721
Median Rent
$413,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Greens & Beans — 19 1/2 Old Hwy 22, Clinton, NJ 08809
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial space with two entrances, a bathroom, and dedicated parking along a downtown business corridor.
Where is this storefront property located?
The property is located at 8 Leigh St Clinton, NJ.
What are key features of this property?
This property features: Approximately 392 sq. ft. of renovated storefront space; Two front entrances and two separate rooms; One bathroom and luxury vinyl plank flooring
